Terrorist attacks in Jammu and Kashmir (J&K) over the past 35 years have been non-discriminatory, but of late targeting vital infrastructure projects has evolved into a pattern.
However, contractors of major ongoing projects in J&K don't see cause for alarm just yet.
But the Sunday attack, in which armed militants killed seven people, including a doctor, has put infrastructure players in the region on alert.
The Centre is executing 51 mega projects (those valued at more than ₹150 crore) in the Union Territory (UT), according to the Ministry of Statistics and Programme Implementation (MOSPI). These projects were initially estimated to cost ₹76,000 crore, but their cost has risen by 56 per cent to ₹1.16 trillion, the data shows.
These include marquee projects such as the Udhampur-Srinagar-Baramulla Rail Link (USBRL). Stuck since 1995, the project costs ₹42,500 crore and is nearing completion, with a variety of trials taking place on the Chenab Bridge - the highest rail bridge in the world.
In February, Prime Minister Narendra Modi had launched the project during his visit to the UT.
This story is from the October 22, 2024 edition of Business Standard.
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This story is from the October 22, 2024 edition of Business Standard.
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